Recently added articles from Indianapolis Business Journal:
Small foundations feeling pressure
Feb 16, 2009; ... Michael Swolsky probably will never again respond to a workplace food drive the way most of us do. The retired sales executive decided he needed to do more this past holiday season, when the Stutz Business Center, where he has his metal-working studio, became a collection point for ...
Jefferson Plaza renovation approaches end
Feb 16, 2009; ... The former Jefferson Plaza is getting a name change and much more as it undergoes a massive renovation by Greenwood developer J. Greg Allen. Now called Allen Plaza, the 90,000-square-foot building and 17,000-square-foot outdoor space are well on their way to being transformed into a ...
GM workers hesitate to bite at buyout bait
Feb 16, 2009; ... At 52, Scott McMillin could retire from General Motors' White River metal-stamping plant any time he wants to go. He has 32 years of service under his belt, and if he exits by April 1, GM will give him $20,000 cash and a $25,000 voucher for a new vehicle. "I'd rather be retired and wash ...
Airlines' competitive secrets take flight?
Feb 16, 2009; ... The U.S. Department of Transportation has denied a request by Republic Airways Holdings to continue keeping financial data on two of its airlines confidential. It's a practice the CEO of JetBlue Airways called "gaming" of DOT rules. Indianapolis-based Republic in recent years argued ...
Indians pull own weight
Feb 16, 2009; ... The Indianapolis Indians are a financial all-star. Not only does the AAA minor-league baseball franchise bring 600,000 people downtown each spring and summer, the team is profitable - it scored $1.23 million last year. Some local officials wrestling with the Capital Improvement Board's ...
Mall backers may take hit
Feb 16, 2009; ... A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse. The Capital Improvement Board has floated the possibility of asking the ...
Leaders driven to finish road
Feb 16, 2009; ... As a Hendricks County native, Eric Wathen would like to shop more often in Plainfield, but Metropolis, the town's mall-and-movie spot, isn't easy to reach from his home in Brownsburg. "We can get to the Castleton area as fast as we can get to Plainfield," Wathen said. Recently ...
Cracking the code
Feb 16, 2009; ... Call center software and e-commerce sites have made many an Indiana tech firm a name and a bundle. The downside is they often leave end users scratching their heads - or worse. Jonathan Arnold sees big business in cleaning up the confusion caused by programmers, who often put features ...
Finish Line ready to test new store
Feb 16, 2009; ... The Finish Line Inc. is preparing to unveil a new concept called Decibel that eventually could replace its struggling Man Alive franchise. The locally based retailer plans' to rebrand four Man Alive stores, including one at Castleton Square Mall, for an April launch. It also will rework ...
State thinking clean
Feb 16, 2009; ... The Central Indiana Corporate Partnership - the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives - let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as ...
Dow may need to sell agro biz
Feb 16, 2009; ... Financially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech firm that's one of the biggest jewels in the city's life sciences crown. Dow Chemical CEO Andrew Liveris said on a Feb. 3 conference call with analysts ...
Not-For-Profit Of Note: Fairbanks Alcohol and Drug Addiction Treatment Center
Feb 09, 2009; ... 8102 Clearvista Parkway Indianapolis, IN 46256 Phone: (317) 849-8222 Fax: (317) 849-1455 Web site: www.fairbankscd.org Founded: 1945 Paid employees: 275 Highest-paid staff member: Dr. Timothy J. Kelly, medical director, $170,000 Top ...
Proxy Corner: Celadon Group Inc.
Feb 09, 2009; ... Celadon Group Inc., 9503 E. 33rd St., Indianapolis, 46235, www.celadontrucking.com, is a trucking company that provides service between Canada, the United States and Mexico. For the quarter ended Dec. 31, the company reported net income of $1.7 million, or 8 cents per diluted share, on $119.7 ...
CT scanners move to the forest as timber firms chase efficiency
Feb 09, 2009; ... CT scanners have been used for decades to peer inside humans. Now a Purdue University researcher is training the technology on hardwood trees to help lumber mills get the most value from logs. Rado Gazo, a professor of wood products and industrial engineering, is leading development of a ...
Woman takes multi-tasking to new levels
Feb 09, 2009; ... Danielle Chrysler hasn't met a challenge yet that she hasn't embraced--and conquered. After growing up in Whiteland in a family of modest means, Chrysler paid her way through college--first at Indiana State University and later at Butler University--by bartending at night, working ...
NASA contracts soaring
Feb 09, 2009; ... Indiana's share of NASA spending amounts to little more than a shiny penny at the bottom of a clothes dryer. Only $130 million made its way to the state in 2007--virtually nothing compared to the $12 billion the space agency doled out to all states and the $5 billion Indiana companies snagged ...
Arts leaders look to audiences for financial security
Feb 09, 2009; ... Taxpayer support for the arts is shrinking fast, and Indianapolis has yet to find a way to replace more than $20 million that public entities have funneled into the cultural scene over the past six years. IBJ on Jan. 30 convened a panel of experts to discuss ways the arts community could ...
Credit crisis reverses student lender's growth
Feb 09, 2009; ... Seven years after it embarked on an ambitious plan to rebuild itself, ISM Loans is back where it started. During an unprecedented year of financial upheaval, the not-for-profit stopped making and buying student loans, and laid off more than 100 employees. Its president and chairman both ...
Credit crunch creates bond crisis for CIB
Feb 09, 2009; ... There's so much red ink on the Indianapolis Capital Improvement Board's books that accounting firm BKD LLP is evaluating whether it can continue as a "going concern." That's the bean counters' term for making a professional judgment about CIB's ability to keep operating, or if instead it ...
HHGregg vying to win customers of Circuit City
Feb 09, 2009; ... Steep discounts resulting from the liquidation of Circuit City Stores Inc. are expected to have a short-term negative impact on Indianapolis retailer HHGregg Inc., company officials said Feb. 5 in a conference call with investors. But, ultimately, they think HHGregg is well-positioned to ...